Ashland, MO vs Wellston, MO

Ashland, MO and Wellston, MO have a very similar cost of living, with only a 4.4% difference in their overall index. Ashland scores 86 while Wellston scores 90 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

Renters will find that Ashland has a median rent of $1,188/month while Wellston comes in at $1,053/month, a 13% difference.

Median household income in Ashland is $90,628 compared to $39,474 in Wellston (+129.6%). Ashland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ashland spend roughly 15.7% of their income on rent, less than the 32% in Wellston. The Ashland ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.